Endowment Website

Bethel’s Endowment Fund

Established in 1993, the Bethel Lutheran Church Endowment Fund was created to encourage, receive, and manage gifts that are intended to benefit the congregation. The earnings from these gifts are used to address needs within Bethel and the community. The Bethel Endowment supports the mission and vision of our congregation and it complements our efforts to commit, prepare, and minister. Joined together, our individual legacies and endowment contributions help fulfill our current and future needs.

Through the Endowment Fund, Bethel has the ability to:

  • Give its members a way to continue Christian Stewardship beyond our lifetime.
  • Help perpetuate financial support.
  • Receive gifts from those who wish to remember loved ones in a lasting way.
  • Provide financial strength to meet challenges in the years ahead.
  • Help minister to our youth, our elderly, and our neighbors.
  • Enter new ventures for Jesus Christ through His Church.

Gifts / Contributions

Contributions can be forwarded to the Endowment using such ways as:

  • Outright gifts – money, securities, personal property, and/or real estate
  • Bequests – cash or other gifts designated in a donor’s will
  • Charitable Trusts
  • Memorials – gifts given in honor of or in memory of a loved one
  • Life Insurance/Annuity
  • IRA/Retirement Funds

All gifts which come in to the Endowment Fund are managed under the direction of an elected board of trustees in accordance with the Constitution and By-laws of Bethel. The Endowment Team currently uses Associated Bank to oversee and properly invest the funds and monies which come into the church. The overall fund balance (approximately $2,262,000.00) is further divided into adult education, children’s ministries, fellowship, missions, youth, music, properties, seminary support, scholarships, spiritual emphasis, and undesignated purposes.

HIGHLIGHTS

Spring 2023

  • Roof repair
  • Lenten meals
  • Video upgrade
  • Hand bell maintenance
  • Van rental for Bible camp
  • Scholarships for high-school grads
  • Adult education speaker on racism
  • New youth director
  • Support for seminarian

Information

If you would like more information regarding the Endowment or would like to contribute to this Fund, please contact 507-288-6430, email Pastor Anjanette at bandel@bethellutheran.com, or connect with a committee member.

Endowment Committee Members

  • Bruce Remme, Chair Person
  • AJ Bouquet, Secretary
  • Jeff Vomhof, Treasurer
  • Russell Wiesner, Publicity
  • Linda Bonow, Donor Relations
  • Dave Turner, Operations
  • Mitch Anderson, Council Liaison
  • Anjanette Bandel, Lead Pastor
  • Janet Hoffman, Administrative Secretary

Money available

Market value as of May, 2023 is $2,072,720.

$133,000 is available for disbursement.